Uncontrolled banks, outsourcing hurt us

Every day that passes, our nation and the world sink deeper into debt. Our banks, investment firms, insurance companies and corporations are gambling with the future of our economy and the worldwide economy. They have outsourced jobs to nations where there are no pensions, no health care, no workers' rights and no rules against environmental pollution. This is supposedly good business and free enterprise at work!

Unions are not the problem! The discussion is a fair day's pay for a fair day's labor. Unfortunately, those who run the economy are driven only by greed and a lust for power. When we outsource jobs to developing nations, it means that those jobs are lost forever.

This practice was aided and abetted by taxpayer-financed low-interest loans granted to many corporations to relocate factories and manufacturing outside the U.S. Outsourcing has destroyed the working class in America and throughout developed world economies.

The coup e'tat was the enactment of free-trade agreements which left a nation's workforce unprotected from the less expensive products made by overseas labor.

There are not enough rules and regulations controlling our economic foundations and it is an economic feeding frenzy for those who do not have a heart, soul, human feelings or a patriotic mind. America and many developed nations have been systematically destroyed economically by the outsourcing, unnecessary wars, huge tax loopholes for the rich and corporations, health-care insurance monopolies, and finally, the unregulated and uncontrolled banks, investment firms, insurance companies and corporations that have looted and destroyed our nation.

Francis A. Gentile

Dobbs Ferry

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Uncontrolled banks, outsourcing hurt us

Every day that passes, our nation and the world sink deeper into debt. Our banks, investment firms, insurance companies and corporations are gambling with the future of our economy and the worldwide

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